DFRN (service name: Circlo) announced that it has secured seed investment from the Korea Investment Accelerator. The amount of the investment was undisclosed. Through this investment, DFRN plans to accelerate its growth into a global eco-friendly materials company.
The company is developing "Circle," a high-efficiency, low-cost resource recovery solution that overcomes the limitations of existing biochemical recycling processes by combining enzyme-based biological recycling technology with deep learning-based AI protein design models and data-driven research. Specifically, the company's proprietary preprocessing technology, which enables precise separation of fibers and non-fibers under low-energy (or low-power) conditions, synergizes with enzyme-based recycling technology, achieving higher cost-effectiveness compared to existing technologies.
Currently, DFRN is conducting a proof-of-concept (PoC) for recycling discarded workwear with Lindstrom Korea, a global company specializing in industrial workwear rental, to demonstrate its commercial viability. The team, led by CEO Kim Han-guk and comprised of bio, AI, and chemical process experts from KAIST and SK, is considered to possess both technological prowess and business experience.
Kim Han-guk, CEO of DFRN, said, “Through this investment, we will take the lead in solving the problem of waste clothing and realizing a sustainable circular economy. Our goal is to grow into a global eco-friendly materials company by 2030 based on our unique enzyme-based recycling technology and global partnerships.”
An official from the Korea Investment Accelerator said, “DFRN possesses innovative solutions that overcome the limitations of existing recycling technologies, and we expect rapid growth through collaborations with global fashion and textile companies. We hope that they will establish themselves as a leading company in the ESG and eco-friendly fields in the future.”
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